As the 2021 general elections loom with less than 63 days to the polling, the Ministry of Finance has foretold a looming economic crisis that will arise out of the expenditure on the elections.
The crisis has been unleashed by the permanent secretary to the Ministry of Finance, Keith Muhakanizi who says where things are heading, government is likely to pay salaries of only civil servants in the State House, Electoral Commission, Public Service and the Ministry for Defense. The other departments will be ruled out as non essential and according to Muhakanizi, most of the servants will be laid off till government recovers from the economic pandemic.
Muhakanizi says the money will not be available between the months of November and December. He however says this should not worry Ugandans since it reportedly ain’t the first time government is failing to meet its obligations. Muhakanizi says thus trend has been regular in the campaign period as most money is allocated to faciliate the election of Gen. Yoweri Tibuhaburwa Museveni and sustain him in power.
Muhakanizi urged other ministries to be calm and withdraw thei requests for the supplementary budgets. This comes barely days after economists forewarned of a looming hyperinflation that is likely to hit the Ugandan economy.